TIDMPFG TIDMSDR

RNS Number : 0402J

Provident Financial PLC

17 December 2020

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                      Provident Financial plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                           X 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify)(iii) : Type 1 & Type 3 disclosure per the                                      X 
  Transparency Directive II regulation 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                                        Schroders plc 
 City and country of registered office                                        UK, London 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                                           16.12.2020 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                               17.12.2020 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer (vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                    15.103%                N/A               15.103%          253,615,794 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                   15.947%                N/A               15.947% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
            8. Notified details of the resulting situation on the date on 
             which the threshold was crossed or reached (viii) 
            A: Voting rights attached to shares 
            Class/type of         Number of voting rights                                 % of voting rights 
            shares                 (ix) 
            ISIN code (if 
            possible) 
                                          Direct                     Indirect                     Direct               Indirect 
                                         (Art 9 of                   (Art 10 of             (Art 9 of Directive        (Art 10 of 
                                         Directive                   Directive                  2004/109/EC)           Directive 
                                        2004/109/EC)                2004/109/EC)                  (DTR5.1)            2004/109/EC) 
                                          (DTR5.1)                   (DTR5.2.1)                                        (DTR5.2.1) 
                                                           ---------------------------- 
  GB00B1Z4ST84                                                      38,304,446                                          15.103% 
                                 ------------------------  ----------------------------  ------------------------  ---------------- 
 
 
  SUBTOTAL 8. A                                        38,304,446                                          15.103% 
                                 ------------------------------------------------------  ------------------------------------------ 
 
            B 1: Financial Instruments according to Art. 13(1)(a) of Directive 
             2004/109/EC (DTR5.3.1.1 (a)) 
            Type of financial     Expiration       Exercise/                     Number of voting                   % of voting 
             instrument            date             Conversion                    rights that may                    rights 
                                   (x)              Period (xi)                   be acquired if 
                                                                                  the instrument 
                                                                                  is 
                                                                                  exercised/converted. 
                                 ---------------  ----------------------------  ---------------------------------  ---------------- 
 
 
 
                                                   SUBTOTAL 8. 
                                                    B 1 
                                                  ----------------------------  ---------------------------------  ---------------- 
 
            B 2: Financial Instruments with similar economic effect according 
             to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
            Type of         Expiration             Exercise/         Physical                  Number               % of voting 
            financial        date (x)               Conversion        or cash                   of voting            rights 
            instrument                              Period (xi)       settlement                rights 
                                                                      (xii) 
                           ---------------------  ----------------  ------------------------  ------------------- 
 
 
 
                                                                     SUBTOTAL 
                                                                      8.B.2 
                                                                    ------------------------  ------------------- 
 
 9. Information in relation to the person subject to the notification obligation 
  (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled by 
  any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the (underlying) 
  issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights                                                            X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
               Name (xv)                        % of voting rights                % of voting rights               Total of both 
                                                   if it equals                    through financial               if it equals or 
                                                   or is higher                      instruments if                is higher than 
                                                than the notifiable                   it equals or                 the notifiable 
                                                     threshold                       is higher than                   threshold 
                                                                                     the notifiable 
                                                                                       threshold 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroders plc 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder Administration Limited 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder Wealth Holdings Limited 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder & Co. Limited 
                                        ---------------------------------  --------------------------------  ------------------------- 
 
 Schroders plc 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder Administration Limited 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder International Holdings 
  Limited 
                                        ---------------------------------  --------------------------------  ------------------------- 
 Schroder Investment Management 
  Limited                                            15.103%                              N/A                         15.103% 
                                        ---------------------------------  --------------------------------  ------------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                                           ----------------------------------------------------------- 
 The number and % of voting rights held 
                                                                           ----------------------------------------------------------- 
 The date until which the voting rights will 
  be held 
                                                                           ----------------------------------------------------------- 
 
 11. Additional information (xvi) 
 This disclosure is being made due to a legal entity, Schroder Investment 
  Management Limited, crossing below the 15% threshold 
 
 
 
 Place of completion   London 
 Date of completion    17.12.2020 
                      ----------- 
 

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December 17, 2020 08:35 ET (13:35 GMT)